115 Oakland Avenue, Welland

$619,900
115 Oakland Avenue

$619,900

New
7d
DetachedBungalow-Raised

115 Oakland Avenue, Welland

Total Monthly Obligation $3,245

Beds
3
Baths
2
Park
2
Sqft
700-1100
DOM
7d
Score
18
Yield
4.5%
Cash on Cash
-5.7%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.1%
Property Type-Detached
MLS® Number-X14087560
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-30 × 108 ft
Listed on site-Oct 16, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-6-15
Taxes-$4,438.77 (2026)
Parking-3 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-REVEL Realty Inc., Brokerage
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-772 - Broadway
Title-Residential Freehold

No agent assigned

Built in 2018, this raised bungalow truly offers the full package! Complete from top to bottom with premium finishes and all the fine touches already taken care of, 115 Oakland Avenue is the move-in ready home that you have been envisioning for your family. Featuring three bedrooms, two full bathrooms, a fully finished basement, attached garage and a fabulous backyard with a multi-tiered deck, along with a concrete pad with fire pit - there is little left to be desired here. As you approach this home, be sure to take note of the quaint covered front porch, a lovely spot to enjoy your morning coffee as you see the kids off to school in the morning. The grand foyer greets you as you enter and starts the tour off on an incredibly positive note. Complete with soaring ceilings to the main level, oversized windows and gorgeous porcelain tile, you will instantly know that you have landed somewhere special. The main level is open concept and offers a remarkable flow. Whether you love hosting and want to ensure you have a large enough space, or you simply have a family that loves to come together at the end of the day - be sure to take a moment to envision how you will enjoy this space. The living room comes equipped with a wonderful reading nook - a great spot to cozy up on a Saturday or a space for toys to be tucked out of the way. Featuring gorgeous granite counters, a peninsula and ample cabinetry, the kitchen of this home is sure to be a dream come true. The remainder of this main level is comprised of the oversized primary bedroom, 4-piece bathroom and a second bedroom. Fully finished and equipped with massive windows throughout, the lower level of this home offers a third bedroom, an expansive recreation room, 3-piece bathroom, laundry/utility room and tons of storage. The backyard of this property is really the cherry on top! Low maintenance and extremely functional, the fully fenced yard offers a space where family, friends and pets alike can enjoy. This is it!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$495,920
Land Transfer Taxes$8,873
Legal Fees (Est.)
$
Total cash required for closing$134,353

Total Monthly Obligation

$3,245/mo
Mortgage $2,501
Monthly Loss $2,587
Principal$658
Interest$1,843
Property Tax$370
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.6%1
5-Year IRR
7.3%20
10-Year IRR
8.6%
Returns Index
11.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$27,600/yr
NOI
$15,901/yr
Net Cash Flow
-$1,175/mo
Cash Margin
-51.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
24.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 115 Oakland Avenue

Time

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